Against the odds comes in two forms: a column, on merit when warranted, and a monthly excel calculator (see below our previous coverage), which is updated each month. It challenges common sell-side wisdom in financial markets that the future often has better events in store than the past. The vast majority of consensus estimates from analysts, often modelled against a company’s guidance, are a case in point.

In a typical bearish fashion, we aim to highlight critical risks that could affect the ...

Subscription Required

In order to view the entire article please either register an account and subscribe or login with a valid subscription below

This site uses cookies and other tracking technologies to assist with navigation and your ability to provide feedback, analyse your use of our products and services, assist with our promotional and marketing efforts, and provide content from third parties. Find out more.